Will the ECB Press Conference have a positive influence on the euro?
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
An exciting opportunity to trade the EUR
The European Central bank will have a press conference at 15:30 MT time on December 13.
The press conference is scheduled 8 times a year and comes out about 45 minutes after the announcement of the main refinancing rate. The EUR tends to be highly volatile during this event, as the ECB president Mario Draghi will provide comments on the future monetary policy. As it is already known, the ECB plans to taper its quantitative easing policy. That is why the further hints on this issue are expected.
• If the ECB comments are positive, the EUR will rise.
• If the ECB comments are negative, the EUR will fall.
Similar
Is the Fed holding the rate?
The Federal Funds Rate is announced at 21:00 MT time on December 11.
How will the British GDP growth affect the GBP?
The British monthly GDP growth rate is at 11:30 MT time on December 10.
Latest news
Will the ECB Press Conference have a positive influence on the euro?
The ECB will announce the main refinancing rate at 14:45 and give a press conference at 15:30 MT time on December 12.
Is the Fed holding the rate?
The Federal Funds Rate is announced at 21:00 MT time on December 11.
How will the British GDP growth affect the GBP?
The British monthly GDP growth rate is at 11:30 MT time on December 10.
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